Mercedes stock trades near the 52-week range as earnings stay under pressure

Mercedes-Benz Group AG stock (ISIN DE0007100000) is anchored by the companys 2025 full-year figures, including revenue of EUR 145.6 billion and an adjusted return on sales in the automotive business of 8.1%.

In the same 2025 report, the group said free cash flow at the industrial business reached EUR 9.2 billion and net industrial liquidity stood at EUR 31.4 billion, two numbers that shape the balance-sheet debate for 2026.

Revenue and margin in 2025

Mercedes-Benz reported revenue of EUR 145.6 billion for fiscal 2025 and adjusted EBIT of EUR 13.6 billion, while the automotive division delivered an adjusted margin of 8.1%.

The comparison matters because the company also said industrial free cash flow was EUR 9.2 billion in 2025, giving investors a second reference point for capital allocation after the earnings year.

Cash generation still matters

The industrial net liquidity figure of EUR 31.4 billion as of 31 December 2025 shows the company entered 2026 with a large buffer, even as the revenue base remained tied to a cyclical luxury auto market.

That balance between cash and margin is the central comparison for Mercedes-Benz stock, because the 8.1% automotive margin and EUR 13.6 billion adjusted EBIT set the baseline for the next reporting period.

Mercedes-Benz C-Class remains core

The Mercedes-Benz C-Class is one of the companys volume pillars and sits inside a portfolio that still depends on premium sedans and SUVs to support profitability.

That product mix matters because Mercedes-Benz reported 2025 revenue of EUR 145.6 billion alongside an 8.1% automotive margin, which suggests pricing power still does more work than volume alone.

Market value anchor

Mercedes-Benz Group AG traded on Xetra under the symbol XETRA: MBG, and the companys market capitalization and closing price should be read against the 2025 earnings base of EUR 145.6 billion revenue and EUR 13.6 billion adjusted EBIT.